Crypto Bible — ethereum bitcoin

This is my friend's story from a few months back. 2 months ago my neighbour told me about mining and helped me get my first mining rig up and running. I went on https://www.myetherwallet.com, created a wallet, typed in my miner parameters, started the rig and just left it. Today I decided to see how it is doing and how much I've made. So I go to Yahoo, seach for "MyEtherWallet" and click the first link I see (yes, yes, I'm stupid), load my wallet up, type in my password and see that I have almost 2 Ether! I exited the site and went on it again later (this time...

We have already discussed how to store Bitcoin and other cryptocurrencies, how much you should be paying for a Bitcoin transaction and for an Ethereum transaction. However, one important bit we’ve missed is how to withdraw cryptocurrencies back into fiat. If you’ve invested all your money into crypto and then realised that you need to eat and crypto can’t quite buy you food yet, you will definitely find this post interesting. Cashing out could be a challenging process and to be honest, this is where people normally run into trouble as they worry about safety and security of their money....

"I didn't have enough gas to complete a transaction! What does that mean? How do I get around it?" I hear those questions asked very often by the people who are into Ethereum. And it's fair enough. I only recently learnt what Gas, Gwei and Contracts are. We already talked about how much you should pay for a Bitcoin transaction, but this time the challenge is a bit harder. So let's get down to it! 1 ETH = 1000000000000000000 wei = 1000000000 gwei (shannon) = 1000000 szabo = 1000 finney This is how Vitalik and Co trolled the whole Ethereum community. Still don't get...

The majority of cryptos have been created as a result of a fork. The number of forks is increasing day by day, but it's important to know the differences between a fork and a hard fork. Let's use an example to explain. Litecoin - was originally a fork of Bitcoin. Its foundations are built on the source code of BTC, but its blockchain was started from block 0.  Bitcoin Cash - is a hard fork of Bitcoin. Similarly to the fork - the foundations are built using the source code of Bitcoin, yet the blockchain was started from block 478559. As a result of that, the...